Cryptocurrency investment - page 15.

petermike

full member

Activity: 343

Merit: 100

Quote from: Annalise24 on March 29, 2019, 08:40:30 AM

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

I support this opinion because not everyone can make a profit from the crypto market. Even many people have lost all their assets because of Bitcoin. But there are also investors who become rich and change their lives living on the crypto market. Therefore the right strategy and experience in the crypto market can bring about certain success.

beckspace

hero member

Activity: 931

Merit: 500

Generally, if I hesitate to sell when I have the opportunity to profit, I have to wait a long time for the next rise. Of course, everyone's investment strategy is different. Personally I'm selling some of the cryptocurrency on first rising and I'm waiting to sell the rest . It usually gives a good result.

trashman43

full member

Activity: 298

Merit: 100

The basic equipment needed for crypto investment is knowledge and understanding. With knowledge, an investor will know when to buy or sell to minimize their level of risk. And also with understanding, you the investor never gets discourage when your investments are down.

giletto

sr. member

Activity: 812

Merit: 250

Quote from: Annalise24 on March 29, 2019, 08:40:30 AM

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

The year started with a bang. Eth moved 80+ usd to 160usd and Bitcoin from 3300+ usd to now 5100+ usd. The Cryptocurrency ecosystem has never been more alive. I am rather still skeptical of top coins because I am afraid of buying the top so I'd rather buy good altcoins with low circulation supply

CleverOracle

full member

Activity: 549

Merit: 100

BBOD - The Best Crypto Derivatives Exchange

Quote from: Leo on April 06, 2019, 05:38:13 PM

The time to buy and sell is very critical and more important in this crypto space, when to sell plays a major role in getting cool profit but the spirit of greediness is what is making lots of investors loose funds

You are definitely right! new investors usually look for a quick profit and sometimes they never study their investment whether the coin has potential or none but they keep throwing their money and regret later. in crypto-space you need to be smart and be updated specially on the news of the development for your altcoins.

mcTether

jr. member

Activity: 238

Merit: 2

Quote from: Annalise24 on March 29, 2019, 08:40:30 AM

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

True talk! But there are still few exceptions when it comes to cryptocurrency. What you may think is the right time to sell or hodl in cryptocurrency might be the opposite due to the unpredictable nature of the market.

Leo

member

Activity: 620

Merit: 10

Trident Protocol | Simple «buy-hold-earn» system!

The time to buy and sell is very critical and more important in this crypto space, when to sell plays a major role in getting cool profit but the spirit of greediness is what is making lots of investors loose funds

sammyp

full member

Activity: 854

Merit: 100

I have not got much money for investing but with the little I have, I set a target before I invest. For instance, I aim at making a $50 profit on a $200 investment. Once I am able meet this expectation, I feel my target has been met without any emotions. Making a little profit is better than loosing over anticipated huge profits. Being able to execute buy and sell orders at the right time is the most important requirement in cryptocurrency investments.

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: Russlenat on April 06, 2019, 02:50:25 AM

Quote from: steveabrahams on April 06, 2019, 01:53:11 AM

Quote from: Annalise24 on March 29, 2019, 08:40:30 AM

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

Yes, you can get a good profit if you invest on the right one. So always be wise about your money and don't invest your money blindly in cryptocurrency, choose the best one to invest. It's better to invest on top 10 tokens/coins in coinmarketcap, not on some crap coins.

The likeliness of the price to increase more is big.
So far, it's only BTC that increased with a big percentage, majority of the altcoins are still sleeping, if BTC will rise again, we can expect they will wake up.
If we buy at the current price, that would mean profit on you once they will begin to increase.

Right before investing we should observe the market value of the coin and also the related project, according to my own experience it is much better to buy some bitcoin as it is the only crypto currency which has huge potential, which has more price to rise, and we have seen in 2017 bitcoin can achieve the biggest profit so we only needs to wait.

yobo2020

jr. member

Activity: 156

Merit: 2

Yes, I totally agreed with you, these are those things you have to know before investiment, when to buy, when to hold and when to sell in order to maximize profit. If you can know these three things I bet you, you will remain in cryptocurrebcy business.

melomanskiy

copper member

Activity: 504

Merit: 6

Obvious thoughts speak. The main thing is to understand how the market will move and make the right decision at the right moment without delaying it further. Do not play the game with your greed. Be realistic.

Toraynt

jr. member

Activity: 168

Merit: 2

Bcnex - The Ultimate Blockchain Trading Platform

Quote from: Paul Pogba on April 06, 2019, 11:03:33 AM

I made cryptocurrency as my main investment, before I relied on stocks, mutual funds, gold and so on, the fantastic price movements would certainly be a big reason for me to invest in crypto.

If you invest in the right coins, you can after a while get a very serious profit thanks to the investment. If you invest, it is better for me in the long term

Paul Pogba

member

Activity: 1232

Merit: 12

I made cryptocurrency as my main investment, before I relied on stocks, mutual funds, gold and so on, the fantastic price movements would certainly be a big reason for me to invest in crypto.

Sebas.tian

full member

Activity: 2100

Merit: 174

Not only do you need a lot of patience when dealing with crypto investments, you also need to be informed. Always be updated on news and have access to a pc anytime to excute trades at the best moment.

arifteguhr

sr. member

Activity: 1246

Merit: 252

Quote from: letyouearn on April 06, 2019, 10:01:21 AM

Your decision whether to sell or not and when to do this should not depend on the market situation at the exact moment. This decision should be backed by strategy - your plan you are trying to follow when buying something.

but to invest in digital currency is very good now because the price of coins is still cheap and soon the market will definitely experience a very good increase that also makes many people will get promising benefits

cunicula

legendary

Activity: 1050

Merit: 1003

Crypto investment is best for new people who want more profit in less time. Hodl is another way in which one can get higher retufns from their crypto invedtments but it will happen only in a long term.
It is generally very much difficult to select a good investment project to invest into. People often tend to fail in analysis and happen to chose wrong project which rip off there money eventually.

jolle123

jr. member

Activity: 190

Merit: 1

If you are looking at the cryptocurrency market situation now its getting good and making some good movements towards to rise of it. and now is the time to invest and make profits dont be afraid on lossing if you know how to make a good investment then you will make profits.

ceetoo224

copper member

Activity: 112

Merit: 0

Quote from: Annalise24 on March 29, 2019, 08:40:30 AM

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

At first, reading this post induce me to think what about the buying point? When to buy and why to buy? but in further understanding of the situation, I've realized that the factor affecting the success of a decision relies on the value and amount you have to take risk into market. Well, investing and selling low amount will just going to be eaten by transaction fee. And investing and selling with large amount will have a huge chance of getting a profit no matter how big or small it is.

letyouearn

legendary

Activity: 1722

Merit: 1014

Your decision whether to sell or not and when to do this should not depend on the market situation at the exact moment. This decision should be backed by strategy - your plan you are trying to follow when buying something.

prof7bit

hero member

Activity: 938

Merit: 500

https://youengine.io/

Quote from: salink on April 06, 2019, 09:15:19 AM

I think that if you plan how much profit you want to receive from each coin, the profit is small but surely or want a big profit then you have to accept higher risks.

Of course, for big profits you need to participate with big money in risky operations. And also spend a lot of time analyzing these situations.

Topic: Cryptocurrency investment - page 15. (Read 2959 times)